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Nonprofit · EIN 26-3828079

THRIVE INC

Tax-exempt (reinstated) · HELENA, AR 72342

Financials

$805K$527K2022$533K$901K2023$523K$491K2024
Revenue Expenses · by fiscal year end
Financials of THRIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$523,159$490,865$32,294$178,937$2,015$176,922
August 31, 2024990$532,947$900,843-$367,896$147,312$2,685$144,627
August 31, 2023990 (amended)$804,924$527,288$277,636$523,935$11,412$512,523
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$433,983
Program service revenue
$89,085
Investment income
$91
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$110,000
Other salaries and wages
$99,637
Salaries, compensation and benefits (total)
$225,763
Professional fundraising fees
$0
Legal fees
$3,034
Accounting fees
$6,564
Occupancy
$31,518
Travel
$14,480
Depreciation
$28,363
Program services (functional)
$382,412
Management and general (functional)
$108,453

Balance sheet and other

Total assets, start of year
$147,312
Total assets, end of year
$178,937
Total liabilities, end of year
$2,015
Net assets, end of year
$176,922
Land, buildings and equipment
$51,221
Net assets without donor restrictions
$176,922
Gross receipts
$523,159
Employees
4
Volunteers
40
Year formed
2008
State of legal domicile
AR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM STALEYExecutive Dir.
Trustee or director, Officer
45$110,000
RYAN BILESPresident
Trustee or director, Officer
5$41,866
MISTI STALEYTreasurer
Trustee or director, Officer
5$0
MARTY MAXWELLDirector
Trustee or director
2$0
DR KEITH PINCHBACKDirector
Trustee or director
2$0
JARVIS SMITHDirector
Trustee or director
2$0
990 for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensation
William StaleyExecutive Director
Trustee or director, Officer, Key employee, Highest-paid employee
45$89,082
Marty MaxwellDirector
Trustee or director
2$0
Dr Keith PinchbackDirector
Trustee or director
2$0
Ryan BilesPresident
Trustee or director, Officer
5$0
Misti StaleyTreasurer
Trustee or director, Officer
5$0
Jarvis SmithDirector
Trustee or director
2$0
990 for the year ended August 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
William StaleyExecutive Director
Trustee or director, Officer, Key employee, Highest-paid employee
45$105,500$1,300
Ryan BilesPresident
Trustee or director, Officer
5$17,638$0
Misti StaleyTreasurer
Trustee or director, Officer
5$3,000$0
Marty MaxwellDirector
Trustee or director
2$0$0
Dr Keith PinchbackDirector
Trustee or director
2$0$0
Jarvis SmithDirector
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
415 OHIO, HELENA, AR 72342-3315
Mailing address (990-N for 2009)
PO Box 808, Helena AR 72342
Principal officer (990 for 2024)
WILLIAM STALEY, 415 OHIO ST, HELENA, AR 72342
Principal officer (990-N for 2009)
Terrance Clark, 707 Beech St Apt 2, Helena AR 72342
Signed the 990
WILLIAM STALEY, Executive Director
Phone
(870) 816-4844
Return prepared by
BRC Advisors LLC

Mission

To increase economic opportunities for rural families. Thrive inc applies a community-centric design process to the development of branding, public art and outdoor recreation projects for Phillips County AR and beyond.

990 for the year ended August 31, 2025

Program accomplishments

  • Thrive Inc's after school creative leadership youth program trains area high school and community college students in art, design, entrepreneurship, and life skills and works with them to improve their community through public art and outdoor recreation projects in Phillips County, Arkansas. Participating students learn job transferable skills, gain access to paid internships, discover creative industry career paths, and develop and lasting sense of civic responsibility.Thrive Inc increases economic opportunities and improves community livability for rural families. Thrive works with rural clientle to design brand identities, public art, and outdoor recreational improvements while providing creative industry internships and shadowing opportunities to area high school and community college students.
    Expenses $382,412

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
26-3828079
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$178,937
Income (IRS master file)
$523,159

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
February 15, 2023
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$523,159$490,865$178,937XML
990August 2024$532,947$900,843$147,312XML
990August 2023$804,924$527,288$523,935XML
990December 2018–––IRS
990December 2017–––IRS
990-N for 2009
Officer: Terrance Clark
December 31, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3828079).

Questions about THRIVE INC

What is the EIN of THRIVE INC?
The employer identification number (EIN) of THRIVE INC is 26-3828079.
Is THRIVE INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to THRIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THRIVE INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THRIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of THRIVE INC?
The 990 for the year ended August 31, 2025 names WILLIAM STALEY.
Who are the officers and directors of THRIVE INC?
The 990 for the year ended August 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $110,000 (WILLIAM STALEY, Executive Dir.).
How much revenue does THRIVE INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $523,159, expenses of $490,865 and total assets of $178,937 at year end.

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